ELMD vs. BSX
Compare and contrast key facts about Electromed, Inc. (ELMD) and Boston Scientific Corporation (BSX).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ELMD or BSX.
Correlation
The correlation between ELMD and BSX is 0.10, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
ELMD vs. BSX - Performance Comparison
Key characteristics
ELMD:
1.16
BSX:
1.76
ELMD:
1.79
BSX:
2.27
ELMD:
1.22
BSX:
1.36
ELMD:
1.55
BSX:
2.55
ELMD:
3.53
BSX:
11.06
ELMD:
16.52%
BSX:
3.58%
ELMD:
50.39%
BSX:
22.48%
ELMD:
-78.65%
BSX:
-89.15%
ELMD:
-35.68%
BSX:
-10.42%
Fundamentals
ELMD:
$195.01M
BSX:
$140.88B
ELMD:
$0.75
BSX:
$1.25
ELMD:
30.39
BSX:
76.20
ELMD:
0.00
BSX:
1.87
ELMD:
3.27
BSX:
8.41
ELMD:
4.47
BSX:
6.47
ELMD:
$45.76M
BSX:
$12.89B
ELMD:
$35.42M
BSX:
$8.58B
ELMD:
$7.03M
BSX:
$2.88B
Returns By Period
In the year-to-date period, ELMD achieves a -22.88% return, which is significantly lower than BSX's 6.49% return. Over the past 10 years, ELMD has outperformed BSX with an annualized return of 25.49%, while BSX has yielded a comparatively lower 17.96% annualized return.
ELMD
-22.88%
-7.17%
-1.26%
63.49%
10.15%
25.49%
BSX
6.49%
-5.57%
8.00%
41.09%
20.01%
17.96%
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Risk-Adjusted Performance
ELMD vs. BSX — Risk-Adjusted Performance Rank
ELMD
BSX
ELMD vs. BSX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Electromed, Inc. (ELMD) and Boston Scientific Corporation (BSX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
ELMD vs. BSX - Dividend Comparison
Neither ELMD nor BSX has paid dividends to shareholders.
Drawdowns
ELMD vs. BSX - Drawdown Comparison
The maximum ELMD drawdown since its inception was -78.65%, smaller than the maximum BSX drawdown of -89.15%. Use the drawdown chart below to compare losses from any high point for ELMD and BSX. For additional features, visit the drawdowns tool.
Volatility
ELMD vs. BSX - Volatility Comparison
The current volatility for Electromed, Inc. (ELMD) is 10.78%, while Boston Scientific Corporation (BSX) has a volatility of 13.44%. This indicates that ELMD experiences smaller price fluctuations and is considered to be less risky than BSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
ELMD vs. BSX - Financials Comparison
This section allows you to compare key financial metrics between Electromed, Inc. and Boston Scientific Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities